Finance news

Higher mortgage rates don't just keep buyers on the sidelines. Application denials rise too

The denial rate in loan applications was 15.1% in 2024, up from 12.2% in 2021, a rise that occurred alongside surging mortgage rates, the St. Louis Fed found.

Germans at Russia's SPIEF: Who's really there?

Russian officials and media claim German businesses are comming back to the St. Petersburg Economic Forum despite the war in Ukraine. But who is actually attending Russia's flagship event this year?

Philippine EV sales surge as fuel shock drives shift from gasoline

Nickel supply deficit projected over Indonesia policy uncertainty, Iran war

Neobroker: Trade Republic customers can participate in the SpaceX IPO

Trade Republic customers will soon be able to buy SpaceX shares – and participate in the largest IPO in history.

License to Drill Act Passes USA House of Representatives

The bill still needs to pass the Senate and go to U.S. President Donald Trump to become law, the Congress.gov site shows.

SpaceX IPO Dates just came out

Just got my hands on the official key dates for the Australian portion of what looks like the SpaceX IPO process. If you're following this closely, here’s what’s coming: Australian Prospectus Date & Offer opens: June 4, 2026 (today basically) Offer closes: 5:00PM on June 10, 2026 Final price drops: June 11 Trading starts on Nasdaq + Nasdaq Texas: June 12 Settlement (shares issued): June 15 This thing is moving insanely fast. Looks like it’s actually happening. Anyone else putting in an applicati

Freight forwarding company worried: Caught in the diesel trap

Many transport companies pass on the high fuel prices to their customers. Nevertheless, companies are currently struggling to survive. How can that be?

Part boat, part plane, part sci-fi: China debuts flying watercraft

The Soviet “sea monster” is back – and this time it’s for sale. A Chinese company has completed the maiden flight of a passenger craft that skims just above the water’s surface using ground-effect technology, reviving a concept once associated with the Soviet Union’s giant Cold War-era experimental vehicles. Chinese mobility company Navee on Thursday showcased its WaveFly 5X on Lake Taihu in Suzhou, eastern Jiangsu province, as it raced to commercialise what it said was the world’s first...

How ‘no tax on overtime’ could impact behavior in good ways — and bad

The One Big Beautiful Bill Act deduction that could encourage bad actors.

Foreign deposit / withholding tax

I'm currently at TradeRepublic and do a lot with derivatives. Holding period usually between 2-6 weeks. After the sale, the withholding tax is immediately collected by the provider. I've heard from some people that the withholding tax is collected from foreign brokers at the end of the year and that you can work with the money until then. Is that true? Does anyone have a suggestion for a good broker? submitted by /u/Level-Kick-8862 [link] [comments]

Migration: Return centers should speed up deportations: can that work?

The EU wants to bring rejected asylum seekers to centers outside Europe in the future. This is supposed to make deportations easier – but is it possible? Important questions and answers.

Inside Wealth: Trump's 'big beautiful bill' has a 'double taxation' trap for top earners, tax lawyers say

A new guide by Congress' tax policy staff indicates that trust income can be taxed twice.

VW parent company: This is how Porsche SE reacts to its relegation from the Dax

The VW holding company Porsche SE is leaving the Dax, the construction group Hochtief is going up. What does this mean for the people of Stuttgart?

Express certificates

I would be interested in your opinion on the subject of express certificates. For screwballs like me, they seem to have been made: After all the recent rally, I don't believe in stock markets necessarily only rising in the medium term, but I don't believe in a complete crash either. So I exchange the possible unlimited upside of an ETF/stock investment for defined return opportunities + risk buffer. submitted by /u/Ok-Minimum-9613 [link] [comments]

Beijing’s point man on Hong Kong affairs visits Hengqin in push for integration

Beijing’s top official on Hong Kong and Macau affairs has visited the Hengqin cooperation zone in Zhuhai as part of a drive to help the two special administrative regions align with the nation’s 15th five-year plan. The four-day visit by Xia Baolong, director of the Hong Kong and Macau Affairs Office (HKMAO), was his third trip to the Greater Bay Area this year. During his trip from Monday to Thursday, Xia visited a university town, research institutes, and innovation and technology companies...

Japan’s PM Takaichi eyes India trip for talks with leader Modi

Japanese Prime Minister Sanae Takaichi is considering visiting India early next month to meet with her counterpart Narendra Modi to discuss cooperation on strengthening supply chains of critical goods given concerns about China’s economic coercion, government sources said on Thursday. Takaichi aims to deepen bilateral collaboration in a wide range of fields covering defence, economic issues and cutting-edge technologies such as semiconductors and artificial intelligence, according to the...

Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports

Eli Manning's Brand Velocity Group announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.

US-China policy under Donald Trump is heading for ‘unpredictable drift’: expert

Soon after Donald Trump concluded a visit to China that he hailed as a great success, America’s top diplomat joined his Indian, Japanese and Australian counterparts in New Delhi for a meeting of the Quadrilateral Security Dialogue. At the meeting on May 26, US Secretary of State Marco Rubio and the foreign ministers launched the Quad Critical Minerals Initiative Framework, a strategic push to curb global reliance on Beijing for rare earth elements. Member states are pooling up to US$20 billion..

Iranian, Russian Crude Premiums Slide as China Pulls Back on Imports

Weak demand from Iran’s top crude buyer, China, has dragged Iranian flagship oil prices into discounts to ICE Brent for the first time in two months, trade sources told Reuters on Thursday. Demand for Iranian oil in its biggest export market has waned in recent weeks, as imports in China slump to multi-month lows and the independent refiners, the so-called teapots that buy the bulk of Iran’s oil, reduce run rates. This has dragged the price of Iranian Light crude to discounts ranging from $0.50

SpaceX IPO hype has traders flocking to this mid-cap stock

Options volume is picking up in Nasdaq-listed Echostar, a $35-billion networking business based in Colorado that owns an estimated 3% of SpaceX stock.

Top job at the ECB: Isabel Schnabel is the non-conformist on the ECB board of directors

Isabel Schnabel has had a picture-perfect career. The crowning glory would be the headship of the European Central Bank. However, there is one thing standing in the way.

Ukraine war: Moscow admits decreased oil production for the first time

Officially, it is supposed to be maintenance work that is slowing down Russia's oil economy - but Ukrainian attacks are putting Moscow's energy business under increasing pressure.

Bluesky was launched as a Twitter rival — but it's far less popular. Now it's eyeing Reddit for inspiration

"I think the public square is not the direction we want to go in...we're very inspired by companies like Reddit," Bluesky's Rose Wang told CNBC.

Billing Changes of Big AI

- Microsoft has announced that they are ending fixed monthly subscription for Github Copilot and switching to token and model based AI credits. - Anthropic announced that they are ending fixed API subscriptions and will charge based on usage. While fixed pricing is maintained for some use cases and providers, it seems like there is a shift towards usage base billing. How do you think it will affect the demand and revenues for big AI? Do you think it will drastically change how some companies app

As India rises in critical minerals race, can it dent China’s dominance?

A new India-US pact on critical minerals has put the spotlight on New Delhi’s potential as an alternative to China, but analysts say despite the country’s significant resources, it is unlikely to dent Beijing’s dominance in the sector any time soon. Delhi and Washington signed a framework agreement on May 26 during US Secretary of State Marco Rubio’s visit to India to secure supplies of critical minerals and rare earths, including their mining and processing. According to a US embassy statement,

Lanzatech: market cap $70M, hidden assets worth 6x more - deep value analysis

Introduction Lanzatech ($LNZA) is a company that captures industrial waste gases from steel mills and refineries and ferments them into ethanol. That ethanol is the feedstock for Lanzajet's alcohol-to-jet process producing sustainable aviation fuel (SAF). The technology is licensed globally. LanzaTech does not operate fuel plants directly. Beyond SAF, Lanzatech operates a parallel carbon recycling business under its CarbonSmart brand. LanzaJet funding - February 2026 Lanzajet closed a funding ro

Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia

Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a "close relationship" with Russia.

Eli Manning weighs in on Giants QB Jaxson Dart's Trump rally fallout

Eli Manning spoke about political activities from athletes after Giants QB Jaxson Dart introduced President Donald Trump at a rally.

Tech is flashing a warning sign last seen in 2020. Strategist Larry McDonald sees a massive rotation coming.

Larry McDonald warns that investors are piling into tech stocks thinking it’s the “safe trade,” but should be thining about hard assets instead.